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Showing 81 - 90 of 291 results for %22CFS Super%22

Geared super funds hit jackpot

HARRISON WORLEY  |  FRIDAY, 10 JAN 2020
... to Colonial First State's website, the fund achieved a 61.75% return for the 12 months to 31 December 2019. Additionally, CFS's data also shows its Colonial First State Wholesale Geared Global Property Securities option registered a 69.55% return over ...

Colonial First State appoints former Schroders chief

KANIKA SOOD  |  TUESDAY, 26 NOV 2019
The former chief executive of Schroders Australia is joining the boards of Colonial First State Investments Limited and superannuation trust Avanteos Investments Limited. Greg Cooper will join the two boards as an independent non-executive director ...

Colonial First State appoints distribution lead

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
Colonial First State has appointed a new general manager for its distribution functions, while renaming it to CFS Advice Relationships. Bryce Quirk was announced as the general manager of CFS Advice Relationships this morning to staff and advisers. ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... outgoing commissions paid to financial advisers. The class action is on behalf over 500,000 Australians and is the second against CFS, a subsidiary of Commonwealth Bank to be filed in less than a week. The action alleges that since 2013 CFS failed to ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
... funds for his own benefit. Graeme Walter Miller appeared through his lawyer in Lismore Local Court on Wednesday, as the former CFS Private Wealth director faced 12 charges of engaging in dishonest conduct in the course of carrying on a financial services ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... Colonial First State will pursue legal action against the fund. Maurice Blackburn Lawyers today filed a class action against CFS in relation to alleged breaches of super trustee duties that it said have caused losses to over 100,000 members. The class ...

New executive role at Colonial First State

KANIKA SOOD  |  FRIDAY, 11 OCT 2019
... outcomes across Colonial First State and drive member centric initiatives. In addition Todd will be responsible for digital, the CFS data office and data strategy, and our human-centred design capability," a CFS spokesperson said. He will retain the ...

Equity Trustees wins Colonial mandate

KANIKA SOOD  |  FRIDAY, 4 OCT 2019
Equity Trustees has cracked $100 billion in funds under supervision, after striking an agreement with Colonial Mutual Life Assurance Society effective October 1. Equity Trustees Limited is taking over as the trustee of $10.5 billion of CMLA's assets. ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
... options which started in 2001. This will result in 400 advisers losing an average of less than $350 each year in revenue, a CFS spokesperson said. The move will lower management costs for the investors in these funds by about the same amount. "[The changes ...

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
Colonial First State (CFS) has handed redundancies to about seven distribution staff working on its corporate superannuation offering as inflows into FirstChoice Employer stall. The departures - all business development managers - come as FirstChoice ...